Amanda Albright

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Bank Of America Forecasts $400 Billion Of Muni Sales In 2024

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States and cities have sold about $273 billion of debt in 2023, down 8% from the same period last year.

Ice Rink's Muni Default Risks Pushing A Missouri City Into Junk Territory

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The St. Louis suburb of Maryland Heights already has a BBB- rating from S&P because of the project.

'All About the 5%': Muni Bonds Struggle To Lure Investors Away From Cash

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Buyers are passing on muni bonds for money funds offering 5% yields.

More U.S. Colleges Are At Risk Of Closing Or Merging, Fitch Says

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Fitch noted enrollment declines as well as pressures on tuition and student fee growth.

Michael Jordan Is The Richest Basketball Player Ever With $3.5 Billion Fortune

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The National Basketball Association legend sold his stake in the Charlotte Hornets this month.

Florida, Texas See Tax Revenue Grow While California, New York Post Declines

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California and New York also saw their populations shrink last year.

AI Is Coming For Wealth Management. Here's What That Means

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Experts weigh in on how artificial intelligence will change the money business.

World's Richest Man Loses $11 Billion After LVMH Stock Rout

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Bernard Arnault's fortune declined amid concerns about dampened demand for luxury goods.

World's Richest Man Loses $11 Billion After LVMH Stock Rout

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Bernard Arnault, the world’s richest person, had $11.2 billion wiped from his fortune in one day over concerns that a softening U.S. economy will dampen demand for luxury goods...

Stan Druckenmiller, David Tepper Lead Family Offices Betting On AI

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Duquesne Family Office added more than 208,000 shares of Nvidia during the first quarter.

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